Frederick And Nancy Dematteis 2001 Charitable Tr is located in Uniondale, NY. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frederick And Nancy Dematteis 2001 Charitable Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Frederick And Nancy Dematteis 2001 Charitable Tr generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $922.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Frederick And Nancy Dematteis 2001 Charitable Tr has awarded 64 individual grants totaling $25,244,712. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert F Vizza President/as Required | 10 | $66,000 | |
Donald M Schaeffer Trustee/as Required | 4 | $10,827 | |
Douglas Cooper Trustee/as Required | 4 | $10,827 | |
Richard F Dematteis Trustee/as Required | 0 | $0 | |
Scott L Dematteis Trustee/as Required | 0 | $0 | |
Tracey Dematteis Serko Trustee/as Required | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $208,711 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $2,240,682 |
Capital Gain Net Income | $2,240,682 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $2,449,393 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $87,654 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $15,194 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $41,206 |
Total operating and administrative expenses | $207,721 |
Contributions, gifts, grants paid | $715,000 |
Total expenses and disbursements | $922,721 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,846 |
Savings and temporary cash investments | $506,886 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $7,139,189 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $12,467,216 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Frederick And Nancy Dematteis 2001 Charitable Tr has awarded $715,000 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
Roslyn, NY PURPOSE: GENERAL GRANT | $200,000 |
BOSTON COLLEGE PURPOSE: GENERAL GRANT | $100,000 |
Jackson Heights, NY PURPOSE: GENERAL GRANT | $100,000 |
Phoenix, AZ PURPOSE: GENERAL GRANT | $50,000 |
TUNNEL TO TOWERS FOUNDATION PURPOSE: GENERAL GRANT | $50,000 |
Poughkeepsie, NY PURPOSE: GENERAL GRANT | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
Longwood Gardens Inc Kennett Square, PA | $1,437,882,296 | $93,650,257 |
Peoples United Community Foundation Bridgeport, CT | $0 | $2,660,856 |
Goldman Sachs Foundation New York, NY | $0 | $131,861,636 |
Commonwealth Fund New York, NY | $0 | $69,444,117 |
The Comcast Nbcuniversal Foundation Philadelphia, PA | $16,720,236 | $25,679,760 |
Clark Foundation New York, NY | $443,485,871 | $14,281,811 |
John A Hartford Foundation New York, NY | $722,012,839 | $47,164,108 |
Blackstone Charitable Foundation New York, NY | $141,651,293 | $22,568,243 |
Oneworld Boston Inc Woburn, MA | $219,473,176 | $23,349,707 |
Deloitte Foundation Stamford, CT | $61,773,232 | $17,876,963 |
Interlaken Foundation Inc NEW YORk, NY | $351,082,390 | $62,213,890 |
Verizon Foundation Basking Ridge, NJ | $26,429,657 | $21,584,016 |